07-02-2015, 04:49 PM
(07-02-2015, 04:11 PM)SunsetBengal Wrote: In his letter, Grassley asserted that: “The amount of time between filing [of the request for approval of the ARMZ-Uranium One Transaction in the first week of August 2010] and final resolution [on October 22, 2010] is less than the 75-90 day review that, according to statute, is generally the timeline.”
This is not true. After notification CFIUS makes a decision within 30 days. If the matter requires a statutory investigation it can take another 45 days, but the majority of notifications do not require a statutory investigation. Only 121 of 2155 notifications to CFIUS have required a statutory investigation. The percentage has risen some recently but the majority still do not require this step before receiving approval.
